It's really a classic problem that many of our government
customers face: "No money in the budget". And with Municipal, State and
Federal budgets continually tightening, it's a phrase heard with a distressing
regularity. This has resulted in government departments struggling to
survive year by year, fiscal period by period, with spending barriers
constantly hanging over budgets.

When a critical piece of equipment is not "in the
budget", many departments struggle with the fact that they often simply
cannot make the purchase, no matter how important that equipment is. But
that doesn't mean a dead end. What many government agencies do not realize
is that is extremely simple to get a lease
agreement working to finance the new equipment, which pays for that
equipment on a monthly, quarterly or annual basis - fitting in completely
with their current appropriations.

No Longer Do You Need To Pay In Advance For Equipment

With government equipment leasing programs such as
those provided by Access, funds come out of operating expense accounts,
and are not booked as capital expenses, mainly because of lease agreement's
in-built non-appropriation language. For Federal transactions, this is
also accomplished with termination provisions. As an added plus, on an
accounting-level, lease agreements do not create debt.

Access provides equipment leasing services to the
following types of organizations:

County Governments

Municipal Governments

School Districts

State Governments

Police and Law Enforcement

Fire Departments, both paid and volunteer

State Health Care Facilities and Hospitals

Universities and Community Colleges

Military

Correctional Facilities and Jails

US Postal Service

And many, many more...

Special Considerations For Federal & Municipal Leasing

For these specialized leases, we offer such benefits
as zero-down payment, no deposit, a single page application (in municipal
leasing), and automatic approval for all Federal Agencies, with no credit
app. For these particular leases, "soft costs" such as delivery and software
can be covered.

Help For Non Appropriation Clauses

Although many government agencies are hindered by
statute from entering into financial commitments that extend beyond the
current fiscal year, Access provides Government Equipment Leasing programs
that specifically incorporate what is known as "Non-Appropriation" language.
So, in the event funds are not available for a legal reason, your lease
is terminated, at which time equipment must be surrendered. For Federal
leasing, a similar clause is available, which enables what is called "Termination
for Convenience".

Important Differences For Federal Government Equipment Leasing

As is the common practice, federal government departments
rarely enter into lease agreements with third parties, such as leasing
agents or financial institutions. Assigning purchase order proceeds to
third parties, however, is frequently practiced, which enables leasing
to be possible. In cases such as this, the purchase order Terms & Conditions
can specify a stream of payment structure, whereby payments are issued
on a monthly, quarterly or annual basis. These Terms & Conditions, of
course, feature the appropriate non-appropriation and termination for
convenience clauses. In effect, this mirrors what is known in the business
world as an "equipment lease".

Once equipment has been received and accepted, the
equipment vendor is paid, and is declared to be non-liable for any non-appropriation
or termination for convenience problems which may occur. The vendor is
still liable to any purchase order terms which may find them in a non-performance
status.